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Hyundai, Kia To Pay$210 Million U.S. Penalty for Failure to Recall Autos
News – Insurance Journal Dec 1, 2020 | 01:00 amHyundai Motor Co. and Kia Motors’ U.S. units on Friday agreed to a record $210 million civil penalty after U.S. auto safety regulators said they failed to recall 1.6 million vehicles for engine issues in a timely fashion. The U.S.[…]
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Liquidation Requested for Texas Nonstandard Auto Insurer, ACCC
News – Insurance Journal Nov 30, 2020 | 19:00 pmAn application for an order of liquidation has been filed in a Travis County, Texas, district court for a Houston-based nonstandard auto insurer now in receivership. With the agreement of its board of directors, ACCC Insurance Co. was placed into[…]
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No Increase in Average Washington Workers’ Comp in 2021
News – Insurance Journal Nov 30, 2020 | 16:48 pmFor the first time in two decades, Washington workers’ compensation rates have dropped or stayed steady for four years in a row. The state Department of Labor & Industries on Monday announced there will be no increase for the average[…]
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Marsh Names Aons’ Quinteros to Lead Construction Practice in Los Angeles
News – Insurance Journal Nov 30, 2020 | 16:29 pmMarsh has named Carlos Quinteros to lead its construction center in Los Angeles, Calif. Quinteros is responsible for delivering transactional and advisory services to construction clients throughout Southern California. Quinteros joins Marsh from Aon, where he spent the last 27[…]
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Thanksgiving Fire Engulfs Florida Shopping Center
News – Insurance Journal Nov 30, 2020 | 12:58 pmState fire marshals are investigating a suspicious fire that engulfed a shopping center early Thanksgiving morning. The fire at the Village Plaza shopping center in Daytona Beach broke out at about 4 a.m. Thursday and spread into several units, according[…]
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$17M Award for Woman Injured at Walmart OK’d by W. Virginia High Court
News – Insurance Journal Nov 30, 2020 | 12:54 pmThe West Virginia Supreme Court has affirmed a jury verdict of nearly $17 million for a woman who was injured when Walmart staffers tried to detain a shoplifter. The court rejected the retail giant’s appeal on Nov. 19. A lawyer[…]
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Century Risk Advisors of Florida Names Brown Manager of Private Client Division
News – Insurance Journal Nov 30, 2020 | 12:52 pmProperty & Casualty insurance executive Tracy Brown has been named manager of the Private Client Division at Century Risk Advisors, Inc. (CRA), an independent insurance agency offering insurance and risk management services. Brown has 20 years of experience in the[…]
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$300K State Grant to Help New Orleans with Traffic Safety
News – Insurance Journal Nov 30, 2020 | 12:48 pmA state grant will help the New Orleans Police Department staff additional checkpoints to catch drunk drivers next year. The department says in a news release that the year-long grant is from the Louisiana Highway Safety Commission. It is estimated[…]
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Former Michigan Insurance Agent Sentenced to Jail for Embezzlement
News – Insurance Journal Nov 30, 2020 | 12:44 pmA former Genesee County, Michigan, insurance agent has been sentenced to prison for embezzling more than $90,000 from her clients and providing them with phony home and automobile insurance certificates, according to the state insurance regulators. The sentencing of Angella[…]
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Damage Toll from Hurricane Zeta Totals Nearly $90M in Mississippi
News – Insurance Journal Nov 30, 2020 | 12:37 pmHurricane Zeta left a trail of destruction and millions in damage in Mississippi when it came ashore Oct. 28, state officials said. The state has documented tens of millions in damage from the storm, which had 100 mph winds and[…]
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Recorded Texas Surplus Lines Premium Rose to $629.53 Million in October
News – Insurance Journal Nov 30, 2020 | 12:36 pmThe Surplus Lines Stamping Office of Texas (SLTX) recorded $629.53 million in Texas surplus lines premium during the month of October. The premium recorded year to date through October represents a 13.8% increase over the same period in 2019, according[…]
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Rawlins to Succeed Moore as President, CEO at Missouri’s Shelter Mutual Insurance
News – Insurance Journal Nov 30, 2020 | 12:30 pmThe Shelter Insurance, based in Columbia, Mo., has named Randa Rawlins as president and CEO, effective Jan. 1, 2021. Rawlins will succeed current President and CEO Matt Moore, who will retire in June 2021. Upon Mr. Moore’s retirement, Rawlins will[…]
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Michigan Car Insurance Fee for Medical Coverage to Go Down Again
News – Insurance Journal Nov 30, 2020 | 12:17 pmMichigan drivers who want unlimited personal injury protection benefits will pay $86 per vehicle starting next summer, down from $100 currently. The fee was mandatory for decades but became optional beginning in July under a change in state law. The[…]
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Tornado Causes Damage, Injuries in Arlington, Texas
News – Insurance Journal Nov 30, 2020 | 12:13 pmA pre-Thanksgiving Day tornado swept through parts of the Dallas-area city of Arlington on Nov. 24, damaging several apartment complexes and other buildings, displacing 75 families and causing minor injuries to three people, officials said. The Arlington Fire Department said[…]
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Montana Nursing Home Lawsuit Adding More Claims
News – Insurance Journal Nov 30, 2020 | 10:54 amA lawsuit against a long-term care facility in Whitefish, Mont., has been amended to add claims that it was part of a multi-state network of facilities that enriched corporate owners while residents received negligent care. The lawsuit was initially filed[…]
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New Mexico Cracking Down on Drunken Drivers
News – Insurance Journal Nov 30, 2020 | 10:50 amNew Mexico authorities will be cracking down on drunken drivers throughout the month of December. State police issued the warning this week, saying sobriety checkpoints will be set up around the state. Officers also will be asking for driver’s licenses,[…]
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Minor Earthquake Reported in Massachusetts
News – Insurance Journal Nov 30, 2020 | 09:57 amA minor earthquake was registered Sunday in Massachusetts in roughly the same area where a more significant one struck earlier this month, the U.S. Geological Survey said. The agency’s National Earthquake Information Center reported a magnitude 2.0 earthquake about five[…]
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Maryland’s Westminster American Insurance Company Hires Whelan
News – Insurance Journal Nov 30, 2020 | 09:47 amWestminster American Insurance Company (WAIC) has hired David Whelan as vice president of underwriting. In this new role, Whelan brings 31 years of commercial lines experience to the team. He joins WAIC from GNY Insurance Companies, where he was a[…]
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HGTV’s ‘Property Brothers’ Sign With American Family Insurance as Spokesmen
News – Insurance Journal Nov 30, 2020 | 09:43 amAmerican Family Insurance has chosen home renovation duo Drew and Jonathan Scott, the twin stars of HGTV’s “Property Brothers,” as the company’s newest brand ambassadors. The Scott brothers and American Family “share a passion for the places we call home.[…]
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Arthur J. Gallagher & Co. Acquires Pennsylvania’s JP Warner Associates
News – Insurance Journal Nov 30, 2020 | 09:35 amArthur J. Gallagher & Co. has acquired Wayne, Penn.-based JP Warner Associates Inc., doing business as Warner Benefits. Terms of the transaction were not disclosed. Founded in 1997, JP Warner Associates is a traditional employee benefits consultant with offices in[…]
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